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Czech automobile conglomerate Škoda Auto launches NFT platform

Published 06/20/2023, 03:00 PM
Updated 06/20/2023, 04:40 PM

On June 20, Škoda India, the Indian subsidiary of Czech automobile conglomerate Škoda Auto, launched a Web3 and nonfungible token (NFT) experience in partnership with Near Protocol. Dubbed “Škodaverse India," developers say the platform will possess low gas fees, interoperable NFTs for multiplatform usage, and eco-friendly, scalable NFTs. The firm wrote:

The debut Škoda NFT collection is scheduled to launch “soon," with no fixed date or offer price. Users will be able to mint the NFT whenever it is dropped through the addition of funds to their wallets.

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